How Can US Debt be Rated AAA?
Guest post by Ed Butowsky
You’re in your shiny Ferrari, going 150 miles per hour on a smooth highway, when you suddenly realize you’re heading straight toward a cliff at the edge of the Grand Canyon. And now you have to choose:
You can slam on the brakes and pray your car stops in time, or you can put the pedal to the metal and play out the final scene of Thelma & Louise.
It’s one or the other. That’s all there is — unless you’re the United States of America, in which case you have a third option right out of a Roadrunner cartoon:
You move the cliff.
America’s national debt is rapidly approaching $29 trillion,